ISL posts strong quarterly earnings growth

Pakistan's International Steels Limited (ISL) reported a 256pct YoY increase in profit after tax to PKR 2.21 bln (USD 7.97 mln) for the quarter ended September 30, 2026, compared with PKR 620.3 mln in the same quarter last year.

Revenue rose by 13.6pct YoY to PKR 23.76 bln (USD 85.79 mln) from PKR 20.92 bln. Gross profit increased to PKR 3.41 bln (USD 12.31 mln) from PKR 2.35 bln, while operating profit climbed to PKR 2.35 bln (USD 8.49 mln) from PKR 1.42 bln.

The company recorded other income of PKR 2.07 bln (USD 7.48 mln), compared with PKR 17.6 mln a year earlier. Finance costs increased to PKR 490.2 mln (USD 1.77 mln) from PKR 274.4 mln.

Situated in Karachi, ISL operates manufacturing facilities with an annual production capacity of 1 mln tons. The company produces cold rolled steel, galvanized steel, and color-coated steel.

1 USD / 277 PKR